Penn-ESPN Deal Transforms Sports Betting, 2 Inflation Data Points Send Mixed Signals, Markets Look Ahead To Retail Earnings
The S&P 500 lost 0.11% on the week and the Dow Jones gained 0.44%, while the tech-heavy Nasdaq…
Is Airbnb Behind The Housing Crisis? Data Says No, But City Restrictions Can Still Affect Its Bottom Line
Short-term rental platform Airbnb (NASDAQ:ABNB) is keeping Wall Street flabbergasted, with the company’s stock climbing over 60% in…
4 Million People Lost Medicaid In 3 Months, Will Reach 15 Million Before The Election — How Is This Affecting Biden’s Presidential Bid?
Millions of Americans are being kicked off of Medicaid, in a move that could impact the success of…
Wegovy, Ozempic Could Save 139,400 Lives In US Each Year; Novo Nordisk Heart Attack Research Reveals New Benefits
So-called “miracle” weight-loss drugs like Wegovy, Ozempic and Mounjaro just reached a new milestone. Danish pharmaceutical giant Novo…
S&P 500 Drops After Fitch Downgrades US Government’s Credit Rating; Apple Flunks On iPhone Sales, While Amazon Shares Climb To 12-Month High
As Treasury yields rose and America’s credit rating got a hard blow from Fitch Ratings Inc., the S&P…
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Is Investing In China A Good Idea Right Now? ‘It’s Complicated,’ Say Morgan Stanley Analysts
The Chinese consumer market is the second largest in the world, behind only the U.S. At over $6…
Biden’s Urgent Push To Regulate AI Technology: ‘We’ve Got to Move Fast Here’
The regulation of artificial intelligence technology has become a high-priority issue for the Biden administration. President Joe Biden…
Artificial Intelligence Is Being Name-Checked By Tech More Than Ever This Earnings Season
Artificial intelligence is quickly becoming central to the business strategies of most tech companies. The latest earnings season…
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The Dow Breaks 13-Day Winning Streak, Fed Raises Interest Rates To 2001 Levels And AI Is The Buzzword For Big Tech Earnings: The Week In The Markets
The S&P 500 and other major indexes slid on Thursday but recovered on Friday to wrap up the…
FTC v. Amazon: All You Need To Know About The Upcoming, High-Profile Antitrust Lawsuit
The Federal Trade Commission (FTC) is coming down hard on Big Tech. President Joe Biden-appointed commissioner Lina Khan…